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20121227
20121227
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English 41
Search Results 0 to 40 of about 41 (some duplicates have been removed)
ABC
Dec 27, 2012 5:30am EST
but that doesn't mean there's any hope of avoiding the fiscal cliff. congressional officials say no negotiations have been set and without an agreement, automatic tax increases for everyone and deep cuts will be triggered in the new year. the main dispute continues to be over raising taxes. >>> news time right now 5:47. starbucks will tackle the fiscal cliff one cup at a time. the ceo how old shut wants workers in the -- howard schultz wants workers in the d.c. area store to write come together on the coffee cups they serve today and tomorrow. he says it's the company's way of respectfully telling politicians they need to find common ground. >> if people would get in the room and lee their ego behind and not be so skewed towards the party but be so sensitive to the lens of the american people, we will have an agreement. >> now this is just a suggestion from the ceo of starbucks. and employees won't be forced to write anything but a customer's name on the cup. >>> news around the nation this morning, hawaii's governor announced lieutenant governor will fill the u.s. senate seat vacated by the dea
ABC
Dec 27, 2012 6:00am EST
are now back in d.c. but that doesn't mean there's any hope for real hope of avoiding the fiscal cliff. congressional officials say they don't have any significant strides to a compromise. it didn't happen during the long christmas break and there are no negotiations currently on the books. without an agreement, automatic tax increases for everyone and deep spending cuts specifically to defense will go into effect on january 1st. the main dispute remains over who are you going to tax and how much. >>> three minutes after 6:00 right now. and get ready to gamble all hours of the night and day because at 8:00 this morning, maryland live casino will open their doors and they are going to stay open for 24 hours a day from now on. abc2 news linda so is live at the casino this morning with what we can expect. linda, good morning. >> reporter: hi, good morning. it all happens about two hours at 8:00 this morning. they will be opening the doors for good opening 24 hours a day, 7 days a week, 365 days a year. and exciting day here it's never going to look like this with nobody here ever again. j
ABC
Dec 27, 2012 6:30am EST
they're any closer to a deal avoiding the fiscal cliff. congressional officials say they have no significant strides toward a compromise from the long christmas break. and they had no negotiations or meetings set right now. without an agreement, automatic tax increases for everyone and deep spending cuts will be trig everyday in the new year. -- triggered in the new year. the main dispute continues over who gets taxed and exactly how much they will be taxed. >>> ? less than two hours you can gamble around the clock. maryland live casino is now getting ready to open the doors and they will never close once that happens. own 24/7 and abc2 news linda so is live this morning at the casino and linda, are you playing yet? >> reporter: no, not yet. you said it yourself. it all happens at 8:00. you know it's never going to look this quiet again. because when they open those doors this morning at 8:00, this place as you said will be open every day of the week, 24 hours a day. this is the first casino in maryland to do so to tell us more about it this morning the general manager here ro
FOX Business
Dec 27, 2012 6:00pm EST
with congressional leaders on the fiscal cliff with the president on hand tomorrow, friday, and we will shirk over that. i put different topic. even if you aren't a frequent flyer, my next guest says you can enjoy the perks of being one. like being upgraded to first class and it is not as hard as you think. now, rick, have waited for this segment for the whole show because i wanted that elite status but i don't fly enough to really earn it. so tell me, how can i get that elite status without doing all the work were spending all the money? >> typically the one bad problem with elite status if you have to fly. you don't have to fly very much. we'll give you an example of how my wife achieved elite status in one trip but typically a big difference between the miles you get on your credit card and bonuses and vendors to those you can use to redeem, ward or upgraded, don't give you the status, you actually have to fly. very rarely do cards, t so they want to cost $400 per year annually, give you the status. if you can fly cheaply, basically what most people do picking the right mouse click and achieve
FOX
Dec 26, 2012 5:00pm PST
. . >>> at 5:30, we are inching closer to the so-called fiscal cliff. we spoke to congressional staffers today, why they believe politicians will allow the country to go over the cliff before making a deal. >>> officials in newtown, connecticut, plan to use the flowers, letters and other mementos sent by the public as part of the memorial. they will stay up until after new year's as residents and visitors pay their respects to the shooting victims at sandy hook elementary school. residents yesterday took turns monitoring candles that had been lit on christmas eve, one candle for each of the vils. >>> this los angeles today, gun owners could swap weapons for groceries. gun owners were asked to come with unloaded weapons in the trunks of their vehicles in exchange for a $100 gift certificate for groceries. they got a $200 gift certificate if they turned in a so-called assault weapon of the buy-back program happens in the spring but was moved up this year because of the school shooting in connecticut. >> a newspaper that covers two counties north of new york city is at the sfr of a controversy af
MSNBC
Dec 27, 2012 8:00am PST
vacation for the hard reality of the fiscal cliff negotiations. the president called all four congressional leaders last night in an effort to reach a deal, but did that call fall on deaf ears? jared bernstein, former chief economist to vip biden, as well as a contributor. i want to start with the new statement from senator mitch mcconnell's office coming out says last night he called other lead serious. the leader is happy to review what the president has in mind, but to day date the majority has not put forward a plan. jared, is that good they're actually speaking, however far apart as it may sound, at least they're talking? >> it's a bit good. better to be talking than north. the unfortunate thing are the words they're saying. i don't hear much compromise or kind of conciliation in the statements we've heard thus far. i do hear a lot of theatrics, you go first, no you go first. it's strange to say the democrats haven't put forth any legislation on this, because in fact they have. in fact, a democratic majority in the senate passed a bill that's pretty similar to the compromise that the p
PBS
Dec 26, 2012 4:30pm PST
cut their vacations short, to deal with fiscal cliff negotiations. they have five days to make a deal. and housing continues to be the bright spot in the u.s. economy: home prices post their biggest advance in two years. that and more tonight on "n.b.r."! christmas may be over, but the holiday shopping season continues. many consumers hit the malls today to return gifts and buy what they really wanted. and this is the time many gift cards get redeemed. but for retailers, holiday sales so far have been a flop. sales in the two months leading up to christmas, rose just 0.7%, according to mastercard advisors that tracks the numbers. that's way below what the retail industry was predicting. erika miller spoke with retail expert dana telsey and began by asking what happened. >> i think there were a confluence of events, extra long season. hurricane sandy. tragedy in ct. >> none of the events out there were feel good factor events. it was all for consumer morale. >> when you look at the weakness this holiday season, how much of the blame do you put on retailers for not having inspiring merc
CBS
Dec 27, 2012 12:00pm PST
called congressional leaders before he left hawaii searching for a way to avoid the "fiscal cliff." danielle nottingham is in washington where it appears little progress is being made. >> reporter: president obama and the senate cut short their holiday vacations to work out a last-minute deal to avoid the "fiscal cliff." they have less than five days to come to agreement before tax hikes and spending cuts kick in. senate majority leader harry reid has a plan to let tax cuts expire for households making more than $250,000 a year along with short-term spending cuts instead of the long-term cuts that would happen if there is nodule. >> the american people are waiting for the ball to drop but it's not going to be a good drop because americans' taxes are approaching the wrong direction. >> reporter: negotiations between president obama and house republican leaders stalled last week. the house is now leaving it up to the democratic-controlled senate to solve the problem before the new year deadline. in addition to the "fiscal cliff," treasury secretary timothy geithner warned congress t
KICU
Dec 26, 2012 7:00pm PST
over that fiscal cliff. that would allow hard lying republicans to have lower taxes. >> to apiece voters. great. >> so called it low form of chay in an begans. >> i think it would be horrible. i think i don't think it's fair to the american people. >> with 2 million people on the verge of losing their unemployment benefits, there are too many lives at stake if we don't get it before the end of the year. >> the ceo of star, bucks is sending a message. writing come together on the coffee cups they serve on thursday and friday. urging a compromise on fiscal cliff negotiations. >>> the city of san francisco may pay employees to stay healthy. a group of government employees consider to be the healthiest. of that group, two-thirds were overweight. now city leaders in san francisco are considering a plan to give direct incentives to employees for being healthy. it would save the city money in the long run. >> a request for a waiver of the no child left behind law. the goals are unreelistic and flawed. to evaluate teachers based on their student's test scores. so far 33 states and the ter
LINKTV
Dec 27, 2012 5:30am PST
obama has cut short his christmas holiday and is on his way back to washington for the fiscal cliff talks. without a deal, budget cuts and tax rises will automatically start on january 1. a senior congressional reporter with the american news service "politico," says while he is doubtful they will strike a deal before next year, obama and democrats have the upper hand. >> they know that the polls are on their side, that a majority of americans would blame the republicans for the failure, and they know that -- they say president obama was just reelected on a mandate to raise taxes on the stockton% of income earners and the republican party is dead set against tax increases. -- on the top 2% of incoming earners. he wants to raise taxes on folks making more than a million dollars, but that was not enough for democrats and that was too much for lot of republicans. the republicans in the house are the ones who endangered the speaker's efforts to cut a compromise deal. the democrats know that they are the ones that have the upper hand in the fight and if we go into the new year, a new con
FOX News
Dec 27, 2012 3:00pm PST
with the president and key congressional leaders. >> thank you. if the fiscal cliff can be avoided there is another gigantic hurdle awaiting the lawmakers. >> they will hit the credit limit of $16.4 trillion on december 31. the nation thereafter can't pay the bills unless congress raises the limit. >> with a new congress in january we need to revisit an finally give ourselves the determination to solve not only our short-term debt but the long-term debt. >> they raised the debt limit 11 times in a decade. most recently in august 2011 after a bruising political fight. democrats accuse republicans of using the debt limit as political "leverage" to press for spending cuts. a point they tried to make with a jarring comparison. >> this is somewhat to taking your child hos tam and saying i'll shoot my child if you don't do what i want done. you don't want to shoot your child. no leader wants to default on the debt. >> they said there is breathing room and the treasury department will take extraordinary measures authorized by law. that will create head room under the debt limit. under normal circumstances
CNN
Dec 27, 2012 6:00am PST
the republican john boehner for the stall in talks on fiscal cliff. dana bash is our congressional correspondent. it just seems like this is the blame game. the house speaker would blame the president, the senate majority leader would blame the house speaker. who is to blame in all this? >> everybody is, carol. it's the blame game. i'm a little surprised at how personal harry reid just got in going after the speaker. it is true that things have clearly broken down, that goes without saying, and that the democrats were not happy that maybe a week and a half ago the speaker pulled out of talks with the president after they had reached a pretty good amount of progress. but the fact that he called the speaker a dictator and in the next breath said he's worried about his job, it's a little contradictory, but very personal. let me give you a little bit of a reality check. that is it is true that the house is not in session. they will come in quickly at 2:00 in a pro formal way and house republican leaders have told members they will give them 48-hours notice and that hasn't happened yet. but senator r
NBC
Dec 27, 2012 6:00pm EST
. >> economists have warned that failure to address the fiscal cliff could send our country back into recession. maryland live! casino now open 24-7. before they closed at 2:00 a.m. and 4:00 a.m. on friday and saturday. but this morning the anne arundel location , that stores for the very last time. >> they unlocked at 8:00 and there was a waiting line to get in. this is all early buzz for the 24-hour operation. before now, the casino had to close its doors, but not any more. and adult beverages here are now sold around-the-clock. >> 24 hours a day -- all day long, all night long, all year long. we are pretty excited about that. >> i think it is great. it will bring more revenue into the stage. i think it is win-win. >> i think it is great. it makes it more like vegas. >> this comes before a big night of the year for the entertainment industry -- new year's eve. maryland live! expects to do well on its own and to draw crowds from nearby bars and restaurants that have to close early. >> we will have the full menu. we invite you to come by. >> we're in process of firing all the personnel necessar
ABC
Dec 27, 2012 5:00pm EST
legislation to avoid the entire fiscal cliff. democrats have not. the president returned to washington today for a last minute push before leaving vacation in hawaii he had separate phone talks with congressional leaders but it's not clear that those talks helps. washington's failure to avoid the cliff threatens to undermine the recovery as americans face big tax hikes, adding to the mess the treasurey department is warning that the government will soon be unable to pay its bills. the house republican leaders say they will take action on whatever bill the senate can pass but the senate must act first. abc news washington. >> now for more on the fiscal cliff and what it could mean for your pay we have you covered. just head to the home page, slide show for a break down of what difference situations in washington could mean for your bank account. >>> and we are working for you with only four days left in the year it's a good time to talk about the maryland homestead tax credit application deadline one more time. the credit is used to help off set increase in your state property taxes. that wo
PBS
Dec 26, 2012 7:00pm PST
push to prevent the economy from falling over the fiscal cliff next week. no specific bill is on the schedule in the senate or the house, and house republicans haven't yet called their members back to washington. and hopes for a deal by the december 31 deadline are fading. darren gersh reports. >> reporter: the odds of avoiding the fiscal cliff did not get any better over the holiday. staff discussions continue, but there were few signs much, if anything has been accomplished. the house isn't even scheduled to return to washington yet, leaving it up to the senate to act. >> this is a senate that is incredibly divided, hopelessly partisan, requires 60 votes to do anything and somehow, we are going to be relying on them to in five days, come up with a compromise which is acceptable where a compromise wasn't acceptable in four years. >> reporter: it now looks like some kind of fall over the cliff is the likeliest scenario. and depending on how long it lasts, it could signal a prolonged fight over the debt limit that could spook markets again in february. >> the republicans are
FOX News
Dec 27, 2012 10:00am PST
leaders suggested that we are going over the fiscal cliff. it's all but guarantee. she progression congressional correspondent mike emanuel joins us now for. the president and the senators are in washington. that would appear to be a good sign, is that correct? reporter: yes and no. the tone publicly has not been very good so far. we know that the president obama, on the way back from hawaii, worked the phones a bit, talking to the top four congressional leaders. speaker boehner, nancy pelosi, mitch mcconnell, and harry reid. earlier today, the senate majority leader sounded frustrated with the republicans in congress. >> nothing can move forward unless speaker boehner and mitch mcconnell are willing to come up with a bipartisan plan to participate. speaker boehner is unwilling to negotiate. we have not heard a word since neither mcconnell. nothing has happened. >> i should note that senator reid was due for a news conference later this afternoon. that has since been canceled. perhaps the senate majority leader has decided to do his talking behind closed doors and hammer out a deal
MSNBC
Dec 27, 2012 10:00am PST
to have fallen on deaf ears. reid, predicting the country will go over the fiscal cliff and blames it on house speaker john boehner. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. john boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing. >> boehner's office's response? we've done our part. it's the senate democrats fall. but will the speaker call his members back before time runs out? >> at the last moment is the way these things normally happen. i think that can happen again. it just depends on putting egos aside a little bit and putting the best interests of the american people first. >> plus, keeping our kids safe, is arming educators the symptom or adding to the problem. >>> and can anyone beat sko brown? >>> good day. we're live in washington this afternoon. the lines of communication between the president, leaders of congress are open. whether those lines are used repeatedly over t
ABC
Dec 27, 2012 2:35am EST
doors. no public negotiations set. you have the debt and the fiscal cliff. it's not looking too good right now when it comes to the u.s. economy. >> geithner told congressional leaders that his department is using some accounting measures basically a fancy way of saying they're going to free up cash to hold off temporarily this fiscal cliff. but it's still not looking good. >> i don't know about you at home, but kicking the can down the road has been happening over and over again. somebody has to make some decisions here. >> it's like in this business, they give you a deadline and you have to hit the deadline. there's no coming in and saying take another ten minutes. it don't work that way in real life. there are americans out there saying get off your couches. get back to washington and get the deal done. >> sometimes it's not pretty when you have to rush, but get it done. >>> still on the economy now, new signs of a turn around in the real estate market. for the first time since 2006, average housing prices may end the year on an upward trend. good news there for the economy. real
PBS
Dec 26, 2012 6:00pm PST
obama and congressional leaders cut their vacations short, to deal with fiscal cliff negotiations. they have five days to make a deal. and housing continues to be the bright spot in the u.s. economy: home prices post their biggest advance in two years. that and more tonight on "n.b.r."! christmas may be over, but the holiday shopping season
PBS
Dec 27, 2012 12:00am PST
retail analyst. president obama and congressional leaders cut their vacations short, to deal with fiscal cliff negotiations. they have five days to make a deal. and housing continues to be the bright spot in the u.s. economy: home prices post their biggest advance in two years. that and more tonight on "n.b.r."! christmas may be over, but the holiday shopping season continues.
FOX Business
Dec 27, 2012 9:20am EST
is reporting president obama called congressional leaders today to discuss the fiscal cliff and what we have got is a political attack from senator harry reid, a defensive move from the republicans, they're going at it and the dow is down 91 points. >> mel brooks at the governor says we have to save our phony baloney jobs. they are not. stuart: we have new numbers just out showing the number of workers on disability, social security disability, has hit a record high, 827,725 as of dec.. joining us is the author of hollywood hypocrites'. we have got social security, record number of people on disability, record deficit for social security, $47 billion a year, almost $1 billion a week flowing out more than coming in and young people, you voted for no change to entitlement, keep on paying for old people. what is going on? >> that is right. jasey told us to vote for barack obama. the irony is many young people look at social security and may know it is not going to be around for them in the future. they are not planning their lives and certainly not their retirement banking on social security so
KRON
Dec 27, 2012 7:00am PST
to congressional leaders to talk about the fiscal cliff. >> the present call harry reid as well as house speaker john baker, senate republican leader mitch mcconnell and house democratic leader nancy pelosi. >> mr. obamas because of four leading for his christmas vacation last night. >> former president george h. w. bush is in intensive care at a houston hospital this morning. >> mr. bush's been hospitalized there since last month with what is being described as a stubborn fever. >> spokesman for its office said that the 88 year-old involved all liquid diet and has been in i see you sunday. >> busch sr. was originally a minute to the hospital for bronchitis like cough. the cough has improved but now the fever is the issue. >> off the mount tam cam shows the view down the coast. we are getting ready for more rain. we will have an update on forecast coming [ female announcer ] this is a special message from at&t. [ male announcer ] it's no secret that the price of things just keeps going up. [ female announcer ] but we have some good news. it's our bundle price promise. [ male announcer ] a price
CNN
Dec 27, 2012 1:00pm PST
be here and try to put on some kind of an agreement and as we go over the fiscal cliff, both sides seem to be working hard to do that. the president spoke with congressional leaders from hawaii last night and tried to get a sense of where we are and now it's sort of sits in the hands of the senate and the house comes back into session on sunday before they could get it through in the final 24 hours before we all go over that cliff. >> so what's the role of the president into all of this? i mean, what do you expect from him in the coming days and what is he doing to get this resolved? >> reporter: well, the rule he could play sl he could bring the leaders together, either here at the white house and try to get them to some agreement or just gentleman cajole them privately on the phone and urging them to some middle ground but the other thing is the bully pull pit. he used that very effectively in the payroll tax fight, lobbying the american people to urge congress to take ak. with such little time, we're not sure if it can have much of an effect and given what senator mcconnell said toda
CBS
Dec 27, 2012 5:00am PST
obama returns to washington for one final effort to avert the so-called "fiscal cliff." with just five days left until the deadline and no sign of a compromise, congressional leaders are urging the senate to consider a bill that's already passed in the house that would extend existing tax cuts. >>> the us treasury department says it will start taking steps to postpone the government from hitting the $16.4 trillion debt limit the money the government can spend to finance its operations. >>> toyota will pay the biggest sum of money ever recorded for a car defect. the proposed $1 billion settlement will resolve a class action lawsuit for hundreds of toyota owners who claim unintended acceleration problems caused numerous crashes, injuries and even some deaths. >>> and chicago wins the dubious award of having the nation's most expensive metered parking. starting on new year's day parking meters in downtown chicago will cost $6.50 an hour up from $5.75. the city leased the meters to a private company for 75 years for the bargain price of more than $1 billion. >> thank you, erica ferrari, cb
NBC
Dec 27, 2012 6:30pm EST
is the situation in washington with only five days left before we reach the fiscal cliff? in a highly unusual move, lawmakers are being called back to work during this holiday week. but if today was any indication, it doesn't appear congressional leaders are ready to play nice, as they continue to play the blame game and point fingers at each other. meanwhile, many americans are feeling high anxiety, knowing those automatic spending cuts and tax hikes will impact every single one of us if there is still no deal by monday night. we begin our coverage with nbc's capitol hill correspondent kelly o'donnell. kelly, good evening. >> reporter: good evening, natalie. the mood here really feels like resignation, that the fiscal cliff deadline will come and go, and no agreement reached. democrats and republicans say they want progress, but there is nothing to report. but there are plenty of recriminations about which party is to blame. the president left his family in hawaii to return to washington. with the help of the economy and a bank account of every american family on the line. but the back and forth
CBS
Dec 27, 2012 6:00am PST
increases and spending cuts threaten to send our committee over the so- called "fiscal cliff." today the president heads back to washington to try to strike a deal with lawmakers. congressional leaders are urging the senate to consider a bill that is already passed in the house that would extend existing tax cuts. >> meantime, the us treasury department says it will start taking steps to prevent the government from hitting the $16.4 trillion debt limit. >> new evidence the job market is improving. over the past month, the number of people seeking first-time unemployment benefits dropped to the lowest level since 2008. the labor department says weekly applications fell 12,000 to a seasonally adjusted 350,000. but experts warn the christmas holiday may have disrupted the figures. >>> and chicago wins the dubious award of having the nation's most expensive metered parking. starting new year's day park meters in downtown chicago will cost $6.50 an hour. that's up from $5.75. the city leased the meters to a private company for 75 years for the bargain price of more than $1 billion. back t
CNN
Dec 27, 2012 8:00am PST
and confetti on the 31st, folks in washington need to start making big decisions regarding that fiscal cliff. here's what will happen if no deal is reached. the economy could fall into a recession. that's been widely reported. the congressional budget office forecasts a drop of .5% in the real gross domestic product and a 9.1% unemployment rate by the end of next year. markets in the u.s. and around the world could take a hit. right now the dow is down almost 100 points. no santa clauz rally this year. managing director of the boston consulting group joins me from chicago. great to see you. happy holidays. let's talk about the effect on the economy. i think it's important to point out that it if no deal is reached by january 1st, some things will take effect right away. 2% increase in payroll taxes. no more unemployment benefits for 2 million americans. others will take a little longer to take effect. having said that, what will be the impact on the economy long-term, do you think? >> i think you have to look at this more than as a fiscal cliff but as a fiscal slide. what we're doing is we'r
FOX Business
Dec 27, 2012 11:00am EST
as lawmakers continue to scramble to get a fiscal cliff deal done. rich edson has the latest. rich: they are considering legislation here in the senate today. president obama says he called to talk to congressional leaders, democrats and republicans, last evening. there is no progress here to report. president obama put it all on the house. >> they are operating without the house of representatives. it is being operated with a dictatorship of the speaker, not allowing the vast majority to get what they want. if the 250 would be brought up, it would pass overwhelmingly speaking that 250 he is discussing that would keep tax rates where they are for income amount for less than $250,000 increased those earning more. house speaker says senator reed should talk less and legislate more. senate democrats have not. they want to extend all the current tax rates and avoid some of the spending cuts. democrats are on their opening offer. they basically have not moved anywhere. there is less than a week to go. >> senator reid talking about a less than $250,000 limit. speaking right. exactly. liz
MSNBC
Dec 26, 2012 9:00pm PST
it taxmageddon, which i like, but it's not just about taxes. bernanke called it the fiscal cliff. usually federal reserve chairman are not that quippy. the economic institute policy said not a cliff, not a slope, it's a fiscal obstacle course with a fiscal climbing wall, maybe a rope swing. first one to fall off the log gets voted off the island. i like to call it the austerity crisis because i think it's accurate. but at a point i gave up on that and stopped trying to make fetch happen. you can call it the austerity bomb the point is, whatever you call it, it's bad. nobody has suggested happy economic fun time because it would not be a happy economic fun time. the question is, how bad it will actually be. even with the clock running down, even if the clock runs out. the federal government has a great deal of control over how much paint is spilt by whom and when. the fiscal cliff could hurt a little or a lot. at least in the short run. that is up to the government and the choices the government makes for the first weeks or month or two at least. for instance, the irs, the internal revenue service
CNBC
Dec 27, 2012 4:00am EST
says it's harder to predict a time frame because the ongone fiscal cliff talks make it difficult to forecast next year's budget. among the measures treasury will take including suspending state and local government securities and investments in the federal employee pension funds. those don't sound like good practices going forward. president obama meanwhile arrives back in washington after cutting short his christmas vacation in hawaii. congress is back in town, but little progress was made over the holiday to avoid the fiscal cliff and no talks have been set. the senate is due in session today, but the house has no plans to reconvene. last week, house speaker john boehner said it was up to the house to act on extending unemployment benefits. as we work through all of this, we are happy to be joined by allen capper, head of credit strategy at lloyd's for the hour. welcome back. i guess we're still shaking off the christmas turkey tryptophan, i guess they call it, and yet it feels as though it's groundhog's day. >> yes. you say shaking off the christmas blues and we're shaking sti
CNBC
Dec 27, 2012 9:00am EST
me for interrupting you, we have breaking news on the fiscal cliff we need to go to washington. eamon? >> we know now that the president has spoken to all four leaders, according to some wire reports that we are getting, the president called all of the congressional leaders, democrat and republican and what the white house is telling me, i just want to read you this statement now from the white house that i just got. late yesterday from hawaii, the president made separate calls to leader reid, speaker boehner, leader mcconnell and leader pelosi to receive an update on the ongoing fiscal cliff negotiations. that's all the information that we have. we don't know what those leaders spoke about with the president during those call bus i would say just parsing the words here a little bit of this statement, to receive an update does not sound like the president was somehow calling them to issue an new offer or to force some kind of a deal to a head. it sounds like he was checking in with those leaders to find out what's going on or what might be possible at this point. we are working on get
MSNBC
Dec 27, 2012 1:00pm PST
house for a private meeting tomorrow to try to push this thing through to avert the fiscal cliff. the white house says as of this moment there is no meeting scheduled for tomorrow. we sort of remained where we were when the president first arrived here. in the eyes of the white house it's in the hands of the republicans at the capital, up to mitch mcconnell not to filibuster a bill already there and up to john boehner to allow a vote in the house. >> peter, publicly obviously we're seeing a lot of back and fort between republicans and democrats, but privately what are you hearing from the white house from your contacts in terms of any type of enthusiasm that they think there may be or hope that there could be possibly some way to avert this cliff? >> reporter: acknowledging at this point we're pretty much reading tea leaves. in the conversations i've had, they're saying they're neither optimistic nor pessimistic. they say they'd like to get this done. their conditions haven't really changed. they feel like they've made the necessary concessions to this point, but they acknowledge
MSNBC
Dec 27, 2012 11:00am PST
in washington with five days to keep the country from going over the so-called fiscal cliff. president obama in d.c. a few hours ago after scrapping the rest of the holiday vacation in hawaii. before his departure, the president called all four congressional leaders, reid, mcconnell, boehner and pelosi. now fiery words after reid hit boehner with volley after volley from the senate floor earlier today. >> if we go over the cliff and it looks like that's where we're headed, mr. president, the house of representatives as we speak with four days after today aren't here with the speaker having told them they'll have 48-hours notice. i can't imagine their conscie e consciences. >> speaker boehner's office responding with a terse statement saying in part, quote, senator reid should talk less and legislate more. the house already passed legislation to avoid the entire fiscal cliff. senate democrats have not. joining me now from d.c. nbc news white house correspondent peter alexander. peter, there was word the last hour that the president may have sent some sort of deal. the white house then turnin
CNN
Dec 27, 2012 9:00am PST
increases that make up the fiscal cliff, they're set to take effect in just five days. much more on the fiscal cliff crisis, the effort to reach some kind of agreement later this hour. we're going go live to capitol hill for the latest as the senate returns to work. that is coming up in about 20 minutes. >>> and president obama's going to have another cabinet position to fill for the new year. we learned a short time ago apa lisa jackson is stepping down after the president's state of the union speech in january. jackson starting with the agency as a staff level scientist back in 1987. during her tenure as administrator she tackled pollution problems in poor community communities. oil drilling and coal regulations. all those things on her plate. jackson said she is confident epa is headed in the right direction. >>> winter storm causing some real headaches. millions of folks in the mid-atlantic states, we're looking at heavy snow, torrential rain, strong winds, dangerous travel conditions from here, washington, d.c., all the way to maine. snowfall is especially heavy in northern
FOX News
Dec 27, 2012 8:00am PST
to the cold, just back from his family vacation in hawaii to deal with the fiscal cliff issues. air force one touched down a short while ago at andrews air force base in maryland. we're learning now the president has resumed talking with congressional leaders about trying to solve this crisis that lies just a few days ahead. molly henneberg keeping an eye on that live from the white house. molly? >> reporter: hi, jon, yes. president obama spoke to the top republican and the top democrat in both the house and the senate when he was in hawaii before flying back here to washington. still no negotiation sessions have been set, at least not publicly, not formally. the president cut short his vacation, he left his wife and daughters there in hawaii and flew back here to washington to be here at the white house for any last minute meetings on the fiscalcliff. the vice president is scheduled to be here at the white house for meetings as well. over in congress the senate is in session, the first time either the house or senate has been in session for legislative business between christmas and new year
CNBC
Dec 27, 2012 6:00am EST
to predict how long the delay will last because of all of this ongoing fiscal cliff negotiations making it harder to forecast what revenue and tax spending will be next year. >>> the journal says right here the white house and congressional leaders have shown no signs of progress in the senate or elsewhere. and then, you know, i don't think we've run this bite enough. >> tim geithner told steve liesman. >> i have it ready. >> that he is we should show it multiple times. >> tt is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest -- remember, it's only 2%. and all of those americans get a tax cut on the framework of the first $250,000 of their income. >> yeah, yeah, you still get the 250, andrew. they love that. what does oh, absolutely mean, bob? >> maybe it means his favorite movie was "rebel without a cause." >> go the. >> i guess it's letting the other side know you're willing to go eyeball to eyeball with something that is terrible. >> i see both sid
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